ROPEPCA critical for NAMR raising the tariff for oil transportation
Romanian Association of Petroleum Exploration and Production Companies (ROPEPCA) claims the tariff increase charged by the state company Conpet for…
OMV seeking buyers for its gas pipeline operating division
Many investors are interested in the 49% stake package, which OMV proposes for sale to Gas Connect Austria, a construction…
Conpet generated last year net gains of over 54 million lei
Conpet obtained last year a net profit of 54.2 million RON, up 5.6% compared to the gain recorded in 2014,…
Transgaz auctions works of over 485 million euro
Transgaz Medias, the national company operating the natural gas transport system, plans to procure services and works with an aggregate…
Lukoil continues the asset sale in Eastern Europe
Lukoil Europe Holdings BV, a subsidiary of Lukoil, has concluded an agreement with the Austrian company AMIC Energy Management GmbH,…
Gas bill will contain information about how to change the provider
The gas supplier will be obliged to make available for the end customers, throughout the invoice, information regarding the right…
ExxonMobil’s earnings halved in 2015
ExxonMobil Corp., the world’s largest publicly traded oil company, said its net income fell 50% in 2015 to 16.15 billion…
Daniel Apostol, ROPEPCA: Fuel overcharges prevent further price reduction
The recent fines imposed by the Competition Council on some fuel wholesale distributors for cartel deals on prices and customer…
ENI and Gazprom go to court because of South Stream cancellation
The Italian company Saipem, owned by the ENI energy group, has performed a legal action against a company controlled by…
OMV Petrom proposes an 1 billion lei lei investment in a gas condensing plant
OMV Petrom auctions a contract that could reach a value of nearly 1 billion lei to build a gas condensing…
